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Wednesday, 09 April 14
DRY BULK MARKET STRUGGLED THROUGHOUT THE WEEK - INTERMODAL
The Dry Bulk market struggled throughout the week but the poor performance across the board didn't allow for any positive reversal, pushing both rates and sentiment to very low levels. The BDI has now slipped back to end of February levels with any upside noted during the month of March being completely erased and with the weakness of the Panamax market being the most notable one, as the segment has been and continues to be under a lot of pressure.
The Capesize market has kicked off the week with talks of better activity, which never materialized, and owners ha d to substantially lower their ideas as charterers held firm the upper hand for yet another week. The one ray of hope has appeared closer to the weekend, as volume s of business in the East have spiked up, while no reversal of rates or sentiment was achieved in the Atlantic, as the ample available tonnage in the region is still blocking any significant upside.
The Panamax market remained under significant pressure this past week, with the BPI moving south to the low 800s level and the average rate for the segment falling in the mid-$6,000/day level. Early dates and period fixture s received most of the pressure, while more forward business witness some steadier numbers.
Moving onto the smaller size segments, things were less dramatic but still far from good, as Handy/Supramax rates retrieved with activity ex-USG and ECSA being in adequate to offer any support, while business in the Pacific proved uninspiring as well.
Analysts:
Mr. George Lazaridis | g.lazaridis@intermodal.gr
Ms. Eva Tzima | e.tzima@intermodal.gr
Disclaimer and legal disclosure: For any further queries please do not hesitate to contact our Research & Valuations Department. The information contained in this report has been obtained from various sources, as reported in the market. Intermodal Shipbrokers Co. believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. Whilst every care has been taken in the production of the above review, no liability can be accepted for any loss or damage incurred in any way whatsoever by any person who may seek to rely on the information and views contained in this material. This report is being produced for the internal use of the intended recipients only and no re-producing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.
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Sunday, 30 March 14
FREIGHTS FROM INDONESIA TO INDIA IS EXPECTED TO BE SOFT NEXT WEEK - REDDY
COALspot.com: The freight market dropped drastically and all sectors were affected severely.
The BDI was down by 14.13 pct and closed at 1, ...
Friday, 28 March 14
US PRODUCED APPROXIMATELY 18.9 MMST IN A WEEK - EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 18.9 million short tons (mmst) of coal i ...
Friday, 28 March 14
CHINA'S ENVIRONMENTAL MEASURES WILL NOT CURB GROWTH IN DOMESTIC STEEL PRODUCTION AND SEABORNE IRON ORE - WOOD MACKENZIE SAYS
Steel plants in China have been targeted as a major source of the toxic smog enveloping Beijing and Shanghai. Emergency measures have been impos ...
Thursday, 27 March 14
PANAMAX : SEEMS TO HEAD FURTHER DOWN; CAPESIZE : ANOTHER CHOPPY AND UNPREDICTABLE WEEK - FEARNLEYS AS
Handy
A weaker sentiment for the smaller size as well, with reduced activity in the Atlantic where Owners have to face significantly lower ret ...
Wednesday, 26 March 14
NEWBUILDING ORDERING ACTIVITY PICKS UP PACE ON IMPROVING DRY BULK MARKET CONDITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The gradual improvement of the dry bulk market, as expected for some time now, is urging shipowners to increase their newbuilding ordering activ ...
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Showing 3776 to 3780 news of total 6871 |
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- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- The University of Queensland
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
- Mercator Lines Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Kaltim Prima Coal - Indonesia
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Standard Chartered Bank - UAE
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Parliament of New Zealand
- Bhatia International Limited - India
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- Minerals Council of Australia
- London Commodity Brokers - England
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Alfred C Toepfer International GmbH - Germany
- Economic Council, Georgia
- Price Waterhouse Coopers - Russia
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Aditya Birla Group - India
- Indo Tambangraya Megah - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- Salva Resources Pvt Ltd - India
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